Dollar-for-Dollar Deficit Reduction Act
Latest action · Jun 27, 2019 Read twice and referred to the Committee on the Budget.
Progress
Where this bill reached, and when. A stage with no date was not reached; one that failed a vote and later carried shows the date it carried.
- IntroducedJun 27, 2019
- Passed SenateNot reached
- Passed HouseNot reached
- To the PresidentNot reached
- Became lawNot reached
Summary
Dollar-for-Dollar Deficit Reduction Act
The bill establishes a framework to require legislation that increases or suspends the public debt limit to include spending reductions that are equal to or greater than the projected increase in debt that will occur under the legislation. The bill allows the spending reductions to be phased in over a 10-year period.
Cosponsors 4
Members who signed on, in the order they did. All signed on Jun 27, 2019.
| Seat | Cosponsor | Signed on | |
|---|---|---|---|
| R-WY | John Barrasso | Original | Jun 27, 2019 |
| R-GA | Johnny Isakson | Original | Jun 27, 2019 |
| R-PA | Patrick J. Toomey | Original | Jun 27, 2019 |
| R-WV | Shelley Moore Capito | Original | Jun 27, 2019 |
Actions 2
Everything that happened, newest first.
- Jun 27, 2019Introduced in Senate
- Jun 27, 2019Read twice and referred to the Committee on the Budget.
Subjects
Assigned by the Library of Congress. Policy area: Economics and Public Finance.
Text 1
Each version as it was printed, newest first.
- Jun 27, 2019Introduced in Senate
Everything here is as published by Congress: the summary is the Congressional Research Service's, the action wording is the clerks', and the subjects are the Library of Congress's. How far it got is read from the actions themselves, taking the most recent one of each kind, so a bill that failed a vote and later passed is shown as having passed. Records come from this bill on Congress.gov and govinfo.gov.
